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The United States announced on Friday that it plans to spend up to $2,275 per person to help resettle tens of thousands of Afghans who fled their country after the Taliban took over. This move came a few days after the United States officially withdrew its troops from the country after 20 years of war.
Even if the bank reopens, people in Afghanistan are still struggling to obtain funds.Money transfer service Western Union announced on Thursday Restore its service They were suspended in the country after the Taliban took over.
The new government faces its own cash crunch: A senior official from the Central Bank of Afghanistan asked the U.S. Treasury Department and the International Monetary Fund this week Release assets The bank holds aid allocated by foreign countries and the country. So far, both of them have refused.
In addition to developments in Afghanistan, there are many other important business and economic news reports this week that you may have missed. But don’t be afraid, we have prepared the weekend for you.
At least 55
Hurricane Ada is the fifth largest hurricane in U.S. history, with death toll after making landfall this week. At least 9 people have died in southern Louisiana, and at least 46 people have died in the northeast.
President Joe Biden and state and local officials are now assessing the aftermath of the storm, which also includes the loss of electricity or access to clean water for hundreds of thousands of people, and the destruction or destruction of houses and businesses.
Damage possible The cost of insurance companies is as high as $18 billion, According to the risk modeler. It also draws attention to the urgency that the United States must address climate change—and strengthen its infrastructure to withstand stronger, more frequent storms.
Al Jazeera takes stock of countries after Hurricane Ida here.
60 million USD
Chinese company Sinovac is investing in opening a vaccine manufacturing plant in Chile. The officials’ goal is to be up and running in the second quarter of 2022. Once operational, the Sanova plant in the San Diego metropolitan area will be able to produce 60 million doses of Sanova’s CoronaVac vaccine.
However, although the Chilean Minister of Health praised Coxing’s announcement as a “Happy Day in Chile,” not everyone is enthusiastic about China’s investment in this copper-rich South American country.
Aldette Magnet from Al Jazeera has a complete story here.
If the Mexican Senate approves a legalization bill that will be passed this month, legal cannabis companies are eager to profit [File: Maurio Palos/Bloomberg]$249.6 million
The value of the Mexican medical marijuana market is expected to be reached in 2025-if the Mexican Senate legalizes the drug this month, this figure does not even account for the potential revenue from recreational marijuana sales.
International legal cannabis companies are scrambling to enter the lucrative Mexican market. But in a country ravaged by the violence of the drug war, are these companies ready to deal with the risks of doing business in an industry historically controlled by organized crime?
Al Jazeera’s Anders Landes has more here.
More than 1,000 American colleges and universities require students, employees, or both to be vaccinated against the coronavirus this school year, including Yale University in New Haven, Connecticut [File: Ted Shaffrey/AP Photo]Over 1,000
The number of American colleges and universities that require some or all students and faculty members to be vaccinated when they return to campus during the fall semester.
In the context of a surge in COVID-19 cases driven by the Delta variant, the list of schools requiring injections increased during the summer. After the US Food and Drug Administration made Pfizer’s BioNTech vaccine the first fully approved vaccine, more was added.
However, while some students say that compulsory vaccination can reduce the pressure of returning to school, others believe that it should be a personal choice.Cinnamon Janzer of Al Jazeera captured the pulse of American students on this issue here.
12
The number of jurors sworn in for the upcoming trial of Theranos founder Elizabeth Holmes.
Just a few years ago, Holmes was a Silicon Valley prodigy, dropped out of Stanford University at the age of 19, put on a Steve Jobs-style black turtleneck sweater, voice hoarse, using a machine she claims can test dozens of times Amazed well-known investors. Use a drop of blood to treat the disease.
But the US authorities said the machine did not work-Holmes is facing charges of fraud and conspiracy. Since then, her story has become the subject of a large number of podcasts, books and documentaries, which makes it difficult to choose a jury. But with 12 jurors ready, Holmes’ trial can officially begin.
Anna Davis of Al Jazeera has everything you need to know here.
Although Banksy’s other works are sold at higher prices, the original title of this painting was “Girl with Balloons”. After being torn apart, the artist changed its name to “Love in the Trash Can”. This is a history of his work. The highest pre-sale estimate since [File: Bloomberg]USD 5.5 million
Low-end estimates of Banksy’s artwork fragments Expected to get At the Sotheby’s auction in late October. Yes, you heard it right-shred.
This work was originally called “Girl with Balloons” and it was sold for 1 million pounds (1.4 million US dollars) in 2018. But just after the winning bid sounded, the hidden paper shredder built into the frame began to turn the work into a ribbon and stopped about halfway through.
Sotheby’s announced that this fragment of “Love is in the Bin” will be auctioned again in October, and the auction price is expected to be between 4 and 6 million pounds (US$5.5 million to US$8.3 million).
As the saying goes: tear it off and start again.
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